XML 53 R43.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Nature of Operations, Segment Reporting and Geographical Information (Tables) | 12 Months Ended
--- | ---
Jan. 31, 2024
Segment Reporting [Abstract] |
Net Sales and Segment Operating Profit for Each Reporting Segment | Summarized below are the revenue and segment operating profit (both in dollars and as a percentage of revenue) for each reporting segment:
|  | Revenue |  |  | Segment Operating Profit |  |  | Segment Operating Profit as a % of Revenue |
($ in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2024 |  |  | 2023 |  |  | 2022 |
Product Identification |  | $ | 104,041 |  |  | $ | 103,089 |  |  | $ | 90,915 |  |  | $ | 10,087 |  |  | $ | 7,889 |  |  | $ | 10,411 |  |  |  | 9.7 | % |  |  | 7.7 | % |  |  | 11.5 | %
T&M |  |  | 44,045 |  |  |  | 39,438 |  |  |  | 26,565 |  |  |  | 10,200 |  |  |  | 8,989 |  |  |  | 3,398 |  |  |  | 23.2 | % |  |  | 22.8 | % |  |  | 12.8 | %
Total |  | $ | 148,086 |  |  | $ | 142,527 |  |  | $ | 117,480 |  |  |  | 20,287 |  |  |  | 16,878 |  |  |  | 13,809 |  |  |  | 13.7 | % |  |  | 11.8 | % |  |  | 11.8 | %
Corporate Expenses |  |  |  |  |  |  |  |  |  |  |  | 11,491 |  |  |  | 11,435 |  |  |  | 9,553 |  |  |  |  |  |  |  |  |  |
Operating Income |  |  |  |  |  |  |  |  |  |  |  | 8,796 |  |  |  | 5,443 |  |  |  | 4,256 |  |  |  |  |  |  |  |  |  |
Other Income (Expense), Net |  |  |  |  |  |  |  |  |  |  |  | (2,723 | ) |  |  | (2,033 | ) |  |  | 2,778 |  |  |  |  |  |  |  |  |  |
Income Before Income Taxes |  |  |  |  |  |  |  |  |  |  |  | 6,073 |  |  |  | 3,410 |  |  |  | 7,034 |  |  |  |  |  |  |  |  |  |
Income Tax Provision |  |  |  |  |  |  |  |  |  |  |  | 1,379 |  |  |  | 749 |  |  |  | 605 |  |  |  |  |  |  |  |  |  |
Net Income |  |  |  |  |  |  |  |  |  |  | $ | 4,694 |  |  | $ | 2,661 |  |  | $ | 6,429 |  |  |  |  |  |  |  |  |  |
Summary of Other Information by Segment | Other information by segment is presented below:
|  | Assets |
|  | January 31, |
(In thousands) |  | 2024 |  |  | 2023 |
Product Identification |  | $ | 64,686 |  |  | $ | 69,607 |
T&M |  |  | 61,125 |  |  |  | 60,730 |
Corporate* |  |  | 7,440 |  |  |  | 8,870 |
Total |  | $ | 133,251 |  |  | $ | 139,207 |
* Corporate assets consist principally of cash, cash equivalents, deferred tax assets and refunds, and certain prepaid corporate assets.
|  | Depreciation and Amortization |  |  | Capital Expenditures |
(In thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2024 |  |  | 2023 |  |  | 2022 |
Product Identification |  | $ | 2,572 |  |  | $ | 2,219 |  |  | $ | 1,157 |  |  | $ | 1,686 |  |  | $ | 121 |  |  | $ | 847 |
T&M |  |  | 1,694 |  |  |  | 1,697 |  |  |  | 2,837 |  |  |  | 10 |  |  |  | 108 |  |  |  | 949 |
Total |  | $ | 4,266 |  |  | $ | 3,916 |  |  | $ | 3,994 |  |  | $ | 1,696 |  |  | $ | 229 |  |  | $ | 1,796 |
Summary of Selected Financial Information by Geographic Area | Presented below is selected financial information by geographic area:
|  |  |  |  |  |  |  |  |  |  | Long-Lived Assets (2) |
|  | Revenue (1) |  |  | January 31, |
(In thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2024 |  |  | 2023 |
United States |  | $ | 84,757 |  |  | $ | 83,559 |  |  | $ | 68,185 |  |  | $ | 32,090 |  |  | $ | 34,277 |
Europe |  |  | 41,761 |  |  |  | 38,859 |  |  |  | 31,922 |  |  |  | 754 |  |  |  | 1,230 |
Canada |  |  | 8,742 |  |  |  | 8,690 |  |  |  | 6,519 |  |  |  | 171 |  |  |  | 4 |
Asia |  |  | 7,216 |  |  |  | 5,547 |  |  |  | 5,926 |  |  |  | 6 |  |  |  | 9 |
Central and South America |  |  | 4,221 |  |  |  | 4,589 |  |  |  | 3,271 |  |  |  | — |  |  |  | — |
Other |  |  | 1,389 |  |  |  | 1,283 |  |  |  | 1,657 |  |  |  | — |  |  |  | — |
Total |  | $ | 148,086 |  |  | $ | 142,527 |  |  | $ | 117,480 |  |  | $ | 33,021 |  |  | $ | 35,520 |
(1) Certain amounts have been reclassified to conform to the current year's presentation. (2) Long-lived assets exclude goodwill assigned to the T&M segment of $4.5 million at both January 31, 2024 and 2023 and $10.1 million assigned to the PI segment at both January 31, 2024 and 2023.

X
- Definition Tabular disclosure of reconciliation of other items from reportable segments to their consolidated amount. Excludes reconciliation of revenue, profit (loss), and assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration